You are considering making a movie. The movie is expected to cost $10.7 million up front and take a year to produce. After that, it is expected to make $4.1 million in the year it is released and $2.1 million for the following four years.

a. What is the payback period of this investment in years?(Round to one decimal place.)

b. If you require a payback period of two years, will you make the movie? No or Yes

c. Does the movie have positive NPV if the cost of capital is 10.4%? In million ____(Round to two decimal places.)